The Environmental Protection Agency proposed a regulation Friday "that agency officials said would, by 2035, lower the amount of methane emissions from oil and gas operations by 36 million tons — more than the amount of carbon dioxide emitted from all coal-fired power plants in a single year," The New York Times reports. Methane is "a greenhouse gas that scientists say is one of the most powerful contributors to climate change."
"The rule is part of a global effort led by the United States to control methane," the Times notes. "Although the pollutant gets far less attention than carbon dioxide, it is 80 times more powerful at heating the atmosphere in the short run. Last year, more than 100 countries joined a coalition led by the United States and Europe to cut 30 percent of methane emissions by 2030. This year, U.S. leaders are leaning on other countries to produce their plans for making good on their pledge."
EPA Administrator Michael Regan said, “We must lead by example when it comes to tackling methane pollution, one of the biggest drivers of climate change.” The proposed regulation buts flesh on the bones of the agency's existing plan to reduce methane emissions, and is the hand in the glove of the tax-and-climate bill Congress passed recently, which includes "money to stop methane leaking from oil wells, pipelines and other sources," the Times notes. "The new law includes fines of up to $1,500 per ton of methane released, to be imposed on the worst polluters. There also is $1.55 billion in the package to help companies avoid those fines by upgrading equipment."
The proposed regulation would require more monitoring and reporting by oil and gas operators, and require them to respond to credible third-party reports of significant leaks from their sites.
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